Funding Alert

Lenskart Expands Business Vision With $200M Fund Infusion

June 3, 2024: Lenskart has secured $200 million in secondary investment, as it continue to accomplish new goals and expansion plans. The company has rapidly grown its business reaching out to over 1,00,000 customers a month through a unique...

100X.VC invests $2.7M in 17 startups from its 11th cohort

June 2, 2024: Early-stage investor 100X.VC announced today a $2.7 million investment in 17 startups from its 11th cohort. These young companies, hailing from major Indian cities like Mumbai, Bengaluru, Delhi, and Pune, represent diverse sectors including B2B SaaS,...

Ather Energy raises ₹286Cr to pump next phase of EV growth

June 1, 2024: Ather Energy, which claims to be the largest electric scooter manufacturer has secured ₹286 crore ($34.5 million) investment. The funding round follows nine months after the firm revealed raising Rs 900 crore from its present investor...

Paytm Founder Invests in TechEagle’s New Drone Delivery Model

May 31, 2024: TechEagle, a leading player in India's burgeoning drone logistics market, has secured an undisclosed amount of funding in a bridge round co-led by Navam Capital and Inflection Point Ventures (IPV). This investment signals strong investor confidence...

Vegapay Secures $5.5M Funding for Next-Gen, Customizable Credit Solutions

May 30, 2024: Vegapay, a lending tech stack and card management provider has secured $5.5 million to augment Vegapay’s product suite, with a thrust on product development and regulatory compliance updates, said the company in a statement.A major portion...

Musk’s AI Star xAI Leaps Ahead with $6B Funding, Targets Market Launch

May 27, 2024 - Elon Musk's artificial intelligence (AI) startup, xAI, has secured a whopping $6 billion in a Series B funding round. This significant investment brings to the spotlight the ongoing AI race, with xAI readying to beat...

Union Bank ₹250Cr Bet on Navanaami Project, Signals Broader Industry Optimism

May 25, 2024: In a move that could signal renewed confidence in the Indian luxury housing market, Hyderabad-based developer Navanaami Projects Private Limited has secured a significant funding of Rs 250 crore from Union Bank of India for its...

Finvolve closes ₹100Cr debut fund to invest in scalable startups

May 24, 2024: Finvolve, a B2B netfork for startup investments declared that it has closed its maiden funds at a total corpus of Rs 100 crore, with firm commitments from prestigious families and marquee investors.Finvolve enables wealth managers to...

Dvara KGFS secures $10M to enlarge financial services in remote rural India

May 24, 2024: Dvara Kshetriya Gramin Financials (Dvara KGFS) has secured $10 million in debt to further increase access to it's financial services in remote rural India.Dvara KGFS’s success in delivering financial services to even the most remote rural...

Portl Secures $3M to Advance AI Fitness Solutions and Global Expansion

May 23, 2024: Portl, a promising startup in the Digital Health, Fitness & Wellness Technology industry, has successfully raised $3 million (approximately INR 25 crore) in an undisclosed funding round. This round was led by Bharat Innovation Fund (BIF)...

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